External Peer Review

Generally accepted government auditing standards (GAGAS) require audit organizations performing audits and attestation engagements in accordance with GAGAS to undergo an external peer review of their auditing and attestation engagement practice at least once every three years by reviewers that are independent of the audit organization being reviewed. The external peer review determines whether, during the period under review, the reviewed audit organization’s internal quality control system was adequate and whether quality control policies and procedures were being complied with to provide the audit organization with reasonable assurance of conforming with applicable professional standards. The audit organization is required to take remedial corrective actions, as needed, based on the results of the peer review.

A copy of the most recent Peer Review for ED/OIG Audit Services is available by selecting the below link.